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TR-1: Standard form for notification of major holdings
Bytes Technology Group plc
(Incorporated in England and Wales)
(Registered number: 12935776)
LEI: 213800LA4DZLFBAC9O33
Share code: BYI
ISIN: GB00BMH18Q19
TR-1: Standard form for notification of major holdings
1. Issuer Details
ISIN
GB00BMH18Q19
Issuer Name
BYTES TECHNOLOGY GROUP PLC
UK or Non-UK Issuer
UK
2. Reason for Notification
An acquisition or disposal of voting rights
3. Details of person subject to the notification obligation
Name
Aggregate of abrdn plc affiliated investment management entities with
delegated voting rights on behalf of multiple managed portfolios.
City of registered office (if applicable)
Edinburgh
Country of registered office (if applicable)
United Kingdom
4. Details of the shareholder
Full name of shareholder(s) if different from the person(s)
subject to the notification obligation, above
City of registered office (if applicable)
Country of registered office (if applicable)
5. Date on which the threshold was crossed or reached
14 Aug 2023
6. Date on which Issuer notified
16 Aug 2023
7. Total positions of person(s) subject to the notification
obligation
% of voting
% of voting rights through
Total of both Total number of
rights attached financial
. in % (8.A + voting rights held
to shares (total instruments
8.B) in issuer
of 8.A) (total of 8.B 1 +
8.B 2)
Resulting
situation on
the date on
which 5.761593 0.000000 5.761593 13,797,997
threshold was
crossed or
reached
Position of
previous
6.45 0.00 6.45
notification (if
applicable)
8. Notified details of the resulting situation on the date on which
the threshold was crossed or reached
8A. Voting rights attached to shares
Class/Type of Number of Number of indirect % of direct % of indirect
shares ISIN code(if direct voting voting rights voting rights voting rights
possible) rights (DTR5.1) (DTR5.2.1) (DTR5.1) (DTR5.2.1)
GB00BMH18Q19 13,797,997 5.761593
Sub Total 8.A 13,797,997 5.761593
8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))
Number of voting rights that
% of
Type of financial Expiration Exercise/conversion may be acquired if the
voting
instrument date period instrument is
rights
exercised/converted
Sub Total 8.B1
8B2. Financial Instruments with similar economic effect
according to (DTR5.3.1R.(1) (b))
Type of % of
Expiration Exercise/conversion Physical or cash Number of
financial voting
date period settlement voting rights
instrument rights
Sub Total 8.B2
9. Information in relation to the person subject to the
notification obligation
2. Full chain of controlled undertakings through which the voting rights
and/or the financial instruments are effectively held starting with the
ultimate controlling natural person or legal entities (please add
additional rows as necessary)
% of voting % of voting rights
Total of both if
rights if it through financial
it equals or is
Ultimate Name of controlled equals or is instruments if it
higher than
controlling person undertaking higher than the equals or is higher
the notifiable
notifiable than the notifiable
threshold
threshold threshold
abrdn plc
abrdn
Investments
abrdn plc
(Holdings)
Limited
abrdn
Investment
abrdn plc
Management
Limited
abrdn plc
abrdn Holdings
abrdn plc
Limited
abrdn
abrdn plc Investments
Limited
10. In case of proxy voting
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held
11. Additional Information
In reference to section 9, the shares detailed are managed by the
named discretionary investment management entity within multiple
portfolios on behalf of underlying clients, based on investment
management agreements whereby the client has delegated the
exercise of the voting power to the referenced investment manager.
This disclosure is to reflect the fact that the voting rights effectively
held indirectly by the underlying intermediate holding company abrdn
Investments (Holdings) Limited (“aI(H)L”) and held by the underlying
investment management entity abrdn Investment Management
Limited (“aIML”) decreased below the 5% notifiable threshold due to
trading on 14 August 2023. Prior to this crossing, aI(H)L effectively
held and aIML held 5.426630% and 5.426630% respectively of the
delegated voting rights in Bytes Technology Group PLC.
12. Date of Completion
16 Aug 2023
13. Place Of Completion
Glasgow, United Kingdom
Enquiries:
WK Groenewald Tel: +44 (0)1372 418 992
Group Company Secretary
Bytes Technology Group plc
16 August 2023
The Company has a primary listing on the Main Market of the London
Stock Exchange and a secondary listing on the Johannesburg Stock
Exchange.
Sponsor
Invested Bank Limited
Date: 16-08-2023 04:00:00
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